Wills

Yes, making a Will means talking about death which is never easy or nice, but leaving your loved ones without a Will in place can cause an incredible amount of difficulty at what is an already very challenging time, and it isn’t as expensive to make as one might think.

What is a Will?

A Will is a legal document that allows you to express your wishes formally and securely regarding what happens to your money, possessions and property (assets, collectively known as your ‘estate’) upon your death.It gives you the control and option to:

state your funeral wishes, such as whether you want a burial or cremation, and what kind of atmosphere you would like to accompany the day including music, food etc

select who your executors will be – those who will be responsible for winding up your estate

decide on Guardians for young children – those you would trust and want to care for your children

If you die without making a Will (dying intestate) there is no guarantee the above points will be carried out the way you would have wanted. It can also mean it will take much longer to tie things up and in some instances, results in loved ones having to go through lengthy and often costly court proceedings.

Benefits of making a Will

Peace of mind and security that your wishes, including those you want to benefit from your estate, will be fulfilled

Can help make provisions on your estate to help mitigate IHT (Inheritance Tax) enabling the majority of your estate to remain with those you wish to profit and not be lost to the tax system

A well drafted Will can help ring fence your estate from future care home fees

Allows you to make provisions for unmarried partners

Simplifies the administration of your estate upon your death, helping to avoid unnecessary upset and strain at an already distressing time

You can’t put a price on peace of mind

Where there’s a Will

At W&AS Bruce we believe so passionately that everyone should have an up-to-date Will that we have reduced our costs to make it accessible to all.